Bitcoin Private fork date is here finally!
After a what seems like a looooong wait (wasn't really) the Bitcoin fork date has been announced. Actually the snapshot date has been announced which is the 28th of Feb. Anyone holding Bitcoin or Zclassic will be getting an equal amount of Bitcoin Private (BTCP) airdropped to them if they have it stored in a wallet.
Bittrex and Cryptopia the exchanges mainly trading Zclassic haven't announced if they will be supporting the form yet. I've kept mine in an exchange but will decide where to store them closer to time.
At the time of writing this post the price of Zclassic is around $120 so it makes a lot of sense to purchase Zclassic rather than Bitcoin IF you want to maximise your benefit from this fork. Zclassic was at $5 only a month ago. I believe it will pump to around $400 before the fork at which point there will be a lot of selling off just before snapshot date. After the snapshot expect Zclassic to drop like a lead balloon. BTCP is expected to debut at $200 - $300, no telling what will happen to its price after the airdrop. I'm guessing an initial selloff, followed by a wave of money being poured into it.
what do you think? what is your strategy. Let me know
peace,
Neil
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I've delegated one of my 1060 mining rigs to the zClassic donation mining pool. Currently have a little over 11 BTCP after a day of mining maybe. Really excited for this coin and can't wait to see where it goes.